Rangers legend and former club manager Ally McCoist has been opening up on the financial sacrifice made by himself and his squad when the Ibrox club almost went to the wall in 2012.

The iconic former striker – who remains the club’s greatest-ever goalscorer – was in charge when Rangers went into administration almost 10 years ago.

As Rangers and clubs across football face up to financial difficulties in the wake of the domestic league shutdown, McCoist opened up on his team taking a wage cut to save the jobs of people working at the club.

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“One of the things that we were extremely proud of when we went into administration at Rangers was the fact that the playing staff, coaching staff, managerial staff rightly took a wage cut to save the jobs of everybody else on the staff,” said McCoist [talkSPORT].

“One of the pleasing things to come out of that horrendous situation was the fact we managed to keep everybody’s jobs.

“Obviously players left the club eventually on freedom of contract and all that stuff but everybody took a wage cut.

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“I remember one of the older lads coming in and I don’t mean a player, an older member of staff.

“He was in tears and I was talking to him about 7.45am one morning – he was telling me he was going to lose his job.

 

“I had a look at it and he was only in three or four days and was only on a couple of hundred quid a week.

“I was thinking to myself that this absolutely cannot be right.

“This is his job, something he has been doing for years and years.

“And they are going to pay him off rather than ask a player or manager to take a wage cut so we eventually got all that sorted.

“It is not a massive thing, it is just what people should be doing, to gather round and help each other.

“We keep going on about – and rightly so – the NHS workers, the essential workers, the pharmaceuticals and all that stuff who are out doing an unbelievable job.

Rangers legend Ally McCoist was in charge when Rangers suffered financial difficulties in 2012. (Photo by Clive Brunskill/Getty Images)

“They are out doing their bit for us so if everyone else can’t do their bit then what chance have we got?”

The refreshing comments of McCoist highlight the gross imbalance between the footballing world and the normal world.

Players live in a bubble created by the enormous wealth and fame afforded to them by the support of fans.

Ordinary people on relatively low salaries or wages compared to footballers are directly affected by this and McCoist et al deserve credit for supporting the club back in 2012.

Ally McCoist opened up on the sacrifice made by Rangers first-team players to ensure other staff would survive the crisis of 2012. (Photo by Tom Shaw/Getty Images)

No-one wants to see players take pay-cuts but if it helps Joe or Joan in the grounds team or at reception then it is a sacrifice which can make a huge difference to ordinary people.

It is also one which can transform the fortunes of clubs across Europe with player’s wages amongst the biggest expenses for every single club.

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